Ascension Capital’s Nationwide Presence in Home Health and Hospice

Ascension Capital, LLC demonstrates a strategic expansion in the healthcare sector, primarily focusing on home health and hospice care across various states in the United States, with a notable footprint in states such as Michigan and Texas.

Ownership Breakdown

According to the latest CMS data, Ascension Capital affiliates with 65 facilities, with a small share of full ownership (two facilities), partial majority stakes applying in three and more minor affiliations between 5% and 50% in 59 facilities. This distribution reflects its strategy of partnering with diverse facility operators.

Facility Distribution by State

Michigan leads with nine facilities, followed closely by Texas (six) and Missouri (five). Smaller distributions exist in numerous states, including Montana, Pennsylvania and Georgia with four facilities each, showcasing a broad yet strategic reach in service delivery.

Sector Involvement

The company’s operational strength is clearly within the hospice sector, affiliating 56 facilities, compared to nine in home health. This aligns with sector trends favoring hospice expansion in varied geographic locations.

Competitors

In Montana’s home health sector, other notable players include Billings Clinic and Advanced Homecare Management LLC, indicating a competitive landscape with several small-scale facility affiliations enhancing state-level service variety.